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Steel Market Update maintains ongoing conversations at all levels of the steel industry, from the executive suite to the newly hired buyer, salesperson or support staff. Where the steel community comes together Keeping a finger on the pulse of the flat-rolled steel market with the latest steel news, prices, and industr
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News
Price: A whirlwind year for trade sets up a consequential Steel Summit
3+ week, 10+ hour ago (1601+ words) Written by Alan Price This is an opinion column. The views in this article are those of an experienced trade attorney on issues of relevance to the steel market. They do not necessarily reflect those of SMU. We welcome you…...
Steel Summit: Zekelman says S232 certainty is key to new US steel investment
2+ week, 2+ day ago (569+ words) among steel-consuming businesses and substantial investment by US steel producers. In his assessment, a stable...would weaken pricing and jeopardize long-term investment decisions. He believes we’re getting into “a...comfortable zone where we’re going to see continued investment. We’re going…...
Price: Setting the record straight on steel as the summer of trade heats up
1+ mon, 2+ week ago (780+ words) Written by Alan Price & Paul Devamithran This is an opinion column. The views in this article are those of an experienced trade attorney on issues of relevance to the steel market. They do not necessarily reflect those of SMU. We…...
Nucor to expand Vulcraft Indiana with $59M investment
4+ week, 2+ day ago (370+ words) manufacturing operations in St. Joe, Ind. The investment will add capabilities to produce steel grating...Charlotte, N.C.-based steel company expects the investment to create 20 new full-time jobs. Those are in...million short tons. The $59 million Vulcraft investment marks Nucor’s fourth…...
New transactions in Brazil-US pig iron trade
1+ week, 1+ day ago (647+ words) Written by Stephen Miller The market activity for pig iron imports in the US has been limited recently. However, there have been two cargoes transacted from Brazil as well as continuing imports from India. According to sources with whom SMU…...
Final Thoughts
7+ mon, 13+ hour ago (693+ words) Written by Ethan Bernard The day started off cloudy in Tampa. But by early afternoon on Thursday, the Florida sunshine returned in full force. There was no parallel lag in the content on the first full day of the Tampa…...
Final Thoughts: The search for steel
1+ mon, 5+ day ago (953+ words) Written by Michael Cowden It’s tough to find a new angle to write about in a market that continues to be characterized by the same trends. You know the ones: extremely limited spot tons, long lead times, low inventories, and…...
Steel Summit: Worthington Steel still seeking M&A opportunities post-Kloeckner
1+ week, 4+ day ago (882+ words) Written by Ethan Bernard Worthington Steel’s CEO said the company remains focused on further acquisitions after the completion of its buy of Germany’s Kloeckner & Co. Geoff Gilmore, president and CEO of the Columbus, Ohio-based service center group, sat down with…...
Steel Summit: Ryerson CEO sees early-stage reshoring lifting steel demand
2+ week, 4+ day ago (481+ words) reshoring remains in its early stages, despite rising investment in manufacturing capacity. Speaking at the SMU...workers. That process could extend the manufacturing investment cycle and lift steel consumption, he noted. The...
Air Liquide to spend more than $350M to support Hyundai-POSCO Louisiana mill
4+ mon, 2+ week ago (435+ words) proposed Hyundai-POSCO facility, with an estimated investment of $5.82 billion, will produce 650,000 metric...